What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Torrance commercial real estate market incorporates 11,088,676 square feet of office space across 123 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Torrance, the coworking segment of the commercial real estate market incorporates about 2,715 square feet. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Torrance commercial real estate market includes 7,867,332 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Torrance market, there is a total of 18,967,358 square feet of industrial property.

What types of commercial real estate are available in Torrance, CA?

The largest share of commercial real estate space for lease in Torrance is represented by Industrial space , which accounts for 1,122,490 square feet of available listings. Retail space available in Torrance adds up to 552,434 square feet.

What factors affect the price of commercial real estate in Torrance, CA?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What is the average rent for commercial space in Torrance, CA?

The average rent for commercial real estate space listed for lease in Torrance is $32.05 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Torrance can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $37.31 per square foot, industrial space in Torrance saw average rents of $22.06 per square foot.

What are the best areas for commercial real estate in Torrance, CA?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Torrance, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Torrance is in the Walteria neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Walteria area . Meanwhile, retail space opportunities are most abundant in the Harbor Gateway South submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Old Torrance . Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $103.45 per square foot. In particular, the property type commanding the highest lease rates in Torrance was Retail space. Conversely, the highest sale price last year was $39,800,000 that is located at 19401 South Vermont Avenue.

What is the average size of a commercial property in Torrance, CA?

The average size of a commercial property in Torrance depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Torrance, the average size of an office property is 94,775 square feet. Retail properties here incorporate an average of 91,481 square feet. Industrial space in Torrance is in buildings that are, on average 144,789 square feet in size.

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346 Commercial Real Estate Listings in Torrance, CA

CRE Market Stats

Skypark Medical & Office Center - Buildings 7 & 8

23441 Madison Street, Walteria, Torrance, CA
For Lease

Contact for pricing
Property

Office

92,224 SF
Availability

12 Spaces

19,569 SF
Year Built

1981
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Del Amo Crossing - 5-Story

21535 Hawthorne Blvd, West Torrance - Southwood, Torrance, CA
For Lease

$3.15 - $3.75/SF/MO
Property

Mixed Use

85,129 SF
Availability

5 Spaces

47,926 SF
Year Built

1967
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3820 Del Amo Blvd

3820 Del Amo Blvd, West Torrance - Southwood, Torrance, CA
For Lease

$898.00 - $3,057.00/MO
Property

Office

30,732 SF
Availability

8 Spaces

4,316 SF
Year Built

1981
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Torrance (TOR)
Premier Workspaces
3655 Torrance Blvd 3rd Floor, Torrance, CA
Services

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

High-speed internet

High-speed wifi

IT support

Mail services

Parking

Receptionist/Secretarial services
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Airport Atrium

2780 Skypark Drive, Walteria, Torrance, CA
For Lease

$2.85 - $3.85/SF/MO
Property

Mixed Use

97,086 SF
Availability

9 Spaces

32,095 SF
Year Built

1990
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Country Hills Shopping Center

2905 Rolling Hills Road, Walteria, Torrance, CA
For Lease

Contact for pricing
Property

Retail

53,250 SF
Availability

1 Space

50 SF
Year Built

1977
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Smart & Final Center (CT Vermont & Carson LLC)

21600-21608 S. Vermont Avenue, West Carson, Torrance, CA
For Lease

Contact for pricing
Property

Retail

31,933 SF
Availability

1 Space

1,200 SF
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DYAD South Bay - 19700 South Vermont Avenue

19700 South Vermont Avenue, Harbor Gateway South, Torrance, CA
For Lease

$2.75/SF/MO
Property

Office

59,695 SF
Availability

1 Space

4,931 SF
Year Built

1983
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Skypark Medical & Office Center - Buildings 11 & 12

3500 Lomita Blvd, Walteria, Torrance, CA
For Lease

Contact for pricing
Property

Office

73,806 SF
Availability

3 Spaces

2,995 SF
Year Built

1966
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Madrona Office Complex

20770 - 20810 Madrona Ave., Old Torrance, Torrance, CA
For Lease

Contact for pricing
Property

Office

211,407 SF
Availability

1 Space

82,942 SF
Year Built

1989
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Del Amo

3501 Sepulveda Blvd., Central Business District, Torrance, CA
For Lease

$39.00/SF/YR
Property

Office

116,811 SF
Availability

2 Spaces

46,418 SF
Year Built

1986
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3171 Fujita St

3171 Fujita St, Walteria, Torrance, CA
For Lease

Contact for pricing
Property

Industrial

25,231 SF
Availability

1 Space

25,231 SF
Year Built

1980
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3675 Pacific Coast Hwy

3675 Pacific Coast Hwy, Walteria, Torrance, CA
For Lease

Contact for pricing
Property

Retail

106,503 SF
Availability

1 Space

35,432 SF
Year Built

1973
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2722-2724 Sepulveda Boulevard

2722-2724 Sepulveda Boulevard, Walteria, Torrance, CA
For Lease

$2.50/SF/MO
Property

Retail

5,890 SF
Availability

1 Space

1,475 SF
Year Built

1968
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Torrance Civic Plaza & Medical Center

3400 Torrance Blvd, Central Business District, Torrance, CA
For Lease

$2.65/SF/MO
Property

Mixed Use

56,744 SF
Availability

11 Spaces

30,750 SF
Year Built

1980
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Prologis Torrance Distribution Center

1580 Francisco Street, Harbor Gateway South, Torrance, CA
For Lease

$2.30/SF/MO
Property

Industrial

199,927 SF
Availability

1 Space

199,927 SF
Year Built

2000
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Del Amo Fashion Center

3525 West Carson Street, Central Business District, Torrance, CA
For Lease

$53.52/SF/YR
Property

Retail

2,230,000 SF
Availability

2 Spaces

329,047 SF
Year Built

1958
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Harbor Gateway Business Center - 1540 Francisco Street

1540 Francisco Street, Harbor Gateway South, Los Angeles, CA
For Lease

$1.25/SF/MO
Property

Industrial

206,055 SF
Availability

1 Space

206,465 SF
Year Built

2000
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Hillside Village

24520 Hawthorne Blvd, Walteria, Torrance, CA
For Lease

$2.75/SF/MO
Property

Mixed Use

47,500 SF
Availability

1 Space

2,240 SF
Year Built

1972
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Torrance Technology Campus

3100 Lomita Blvd, Walteria, Torrance, CA
For Lease

$1.25 - $2.25/SF/MO
Property

Mixed Use

575,978 SF
Availability

2 Spaces

48,677 SF
Year Built

1966
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Torrance Business Park

2421 W. 205th St, Old Torrance, Torrance, CA
For Lease

Contact for pricing
Property

Office

147,220 SF
Availability

8 Spaces

16,570 SF
Year Built

1985
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Torrance Executive Plaza West

3828 West Carson Street, West Torrance - Southwood, Torrance, CA
For Lease

$650.00 - $2,500.00/MO
Property

Office

160,591 SF
Availability

1 Space

510 SF
Year Built

1974
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1450 West 228th Street

1450 West 228th Street, Harbor Gateway South, Los Angeles, CA
For Lease

$1.45 - $1.75/SF/MO
Property

Industrial

158,892 SF
Availability

2 Spaces

7,805 SF
Year Built

1969
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Storm Parkway

1300 Storm Parkway, Harbor Gateway South, Torrance, CA
For Lease

Contact for pricing
Property

Industrial

267,503 SF
Availability Contact for availability
Year Built

1982
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Industrial Build to Suit Opportunity

24000 Garnier Street, Walteria, Torrance, CA
For Lease

Contact for pricing
Property

Other
Availability

1 Space

88,721 SF
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2700 W 182ND STREET

2700 W 182ND STREET, North Torrance, TORRANCE, CA
For Sale

$2,100,000
Property

Office

5,321 SF
Year Built

1986
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Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	2,999,289 Sq. Ft.	28.4%
100k to 500k Sq. Ft.	5,116,161 Sq. Ft.	48.44%
500k to 1M Sq. Ft.	997,143 Sq. Ft.	9.44%

Class	Total Square Feet	Share of Total Office
Class A	2,147,220 Sq. Ft.	20.33%
Class B	7,807,112 Sq. Ft.	73.92%
Class C	141,852 Sq. Ft.	1.34%

Building Size Range	Total Square Feet	Share of Total Industrial
50k to 100k Sq. Ft.	4,468,068 Sq. Ft.	17.96%
100k to 500k Sq. Ft.	12,759,763 Sq. Ft.	51.28%
500k to 1M Sq. Ft.	2,317,758 Sq. Ft.	9.31%
> 1M Sq. Ft.	1,506,115 Sq. Ft.	6.05%

Class	Total Square Feet	Share of Total Industrial
Class A	9,650,206 Sq. Ft.	38.78%
Class B	14,295,279 Sq. Ft.	57.45%
Class C	534,032 Sq. Ft.	2.15%

Building Size Range	Total Square Feet	Share of Total Retail
50k to 100k Sq. Ft.	1,280,637 Sq. Ft.	16.63%
100k to 500k Sq. Ft.	2,941,101 Sq. Ft.	38.2%
> 1M Sq. Ft.	2,230,000 Sq. Ft.	28.96%

City	Property Type	Count of Listings	Total SF
Torrance, CA	Office	43	444,553
Torrance, CA	Retail	28	552,434
Torrance, CA	Industrial	40	1,122,490
Torrance, CA	Other	115	2,444,201

346 Commercial Real Estate Listings in Torrance, CA

Torrance, CA Commercial Real Estate Market Overview

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Torrance, CA?

What factors affect the price of commercial real estate in Torrance, CA?

What is the average rent for commercial space in Torrance, CA?

What are the best areas for commercial real estate in Torrance, CA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Torrance, CA?

Torrance, CA Commercial Real Estate Inventory Breakdown

Total Office Space in Torrance: 10,561,335 Sq. Ft.

Total Industrial Space in Torrance: 24,882,423 Sq. Ft.

Total Retail Space in Torrance: 7,699,240 Sq. Ft.

Torrance, CA Currently Available Listings

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